July 15, 2009
Executive Pay Too High?
The Committee of Interns and Residents/SEIU Healthcare, a union of resident physicians, recently delivered a letter to NY Attorney General Andrew Cuomo, asking that the AG's office review executive compensation paid by the nonprofit St. Barnabas hospital. The hospital faces budget cuts, layoffs, increases in amounts employees pay for their benefits, and other financial issues. The letter points specifically to compensation paid to the former CEO of St. Barnabas, including amounts paid for several years following his retirement, and expresses concern that the compensation is excessive. For more information, go to the blog posted here.
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